Luxury Live Auction! Bidding to start from $1,800,000! Nestled in the prestigious Royal Oaks neighborhood of Encino, this single-story gated mid-century home sits on a generous 16,041 sq. ft. corner lot on a tranquil cul-de-sac. Offering 3,570 sq. ft. of living space, this property presents an exceptional opportunity for investors or developers. With breathtaking views, there is potential to remodel and upgrade the existing home, expand the outdoor space with a deck to further enhance the view, or even tear down and build a magnificent estate. The expansive open-concept great room seamlessly blends the living room, family room, and dining area, all featuring elegant porcelain tile flooring. The kitchen is designed with granite countertops and a spacious eating area. The home includes four bedrooms, all with hardwood floors, and three bathrooms. Two bedrooms share a Jack and Jill bath, while a separate fourth bedroom is conveniently located next to a ¾ bath. The primary suite boasts a walk-in closet and a spa-like bathroom with dual vanities and a sunken terrazzo tub. The private backyard, complete with a pool, provides the perfect setting for relaxation and entertaining. Ideally situated in the sought-after Lanai Road Elementary and Hesby Oaks Middle School districts, the property is also just moments from Ventura Boulevard's vibrant shops and restaurants, with easy access to freeways and the Westside.